MTY Food Group posts higher sales as it contends with labour shortage, inflation

Canadian restaurant franchisor and operator MTY Food Group Inc. is seeing a rebound in sales and traffic even as it grapples with inflation, supply chain snags and ongoing labour shortages.

The Montreal-based company said Friday sales are back to pre-pandemic levels for most of its brands as restrictions are lifted and economies reopen from COVID-19 shutdowns.

Yet Eric Lefebvre, chief executive of MTY, said a worker shortage is forcing some of its restaurants to curtail operating hours.

"Restaurants that, for example, operated breakfast, lunch and dinner have now removed breakfast," he said during a call with investors.